has increased its operating cycle from 98.8 days to 103.9 days while the cash cycle has decreased by 3.6 days. how have these changes affected the accounts payable period?
Answers
Due to increase in the operating cycle, the accounts payable period has been increased from the previous cycle.
To understand how these changes affected the accounts payable period, let's first define the terms involved:
1. Operating Cycle: This is the time it takes for a company to purchase inventory, sell it, and collect the cash from customers. It consists of the inventory period and the accounts receivable period.
2. Cash Cycle: This is the time it takes for a company to convert its investments in inventory back into cash. It's the operating cycle minus the accounts payable period.
Now, let's analyze the situation step-by-step:
Step 1: Identify the changes in the operating and cash cycles.
- Operating Cycle: Increased from 98.8 days to 103.9 days
- Cash Cycle: Decreased by 3.6 days
Step 2: Calculate the difference in the operating cycle.
- Difference: 103.9 days - 98.8 days = 5.1 days
Step 3: Determine the change in the accounts payable period.
Since the cash cycle has decreased by 3.6 days and the operating cycle has increased by 5.1 days, the accounts payable period must have increased by the difference between these two values:
- Accounts Payable Period Change: 5.1 days - (-3.6 days) = 5.1 days + 3.6 days = 8.7 days
In conclusion, the accounts payable period has increased by 8.7 days due to the changes in the operating and cash cycles. This means the company is taking longer to pay its suppliers, which could be a result of improved payment terms or a conscious effort to delay payments for better cash management.
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The increase in the operating cycle from 98.8 days to 103.9 days suggests that the company is taking longer to convert its inventory and accounts receivable into cash. However, the decrease in the cash cycle by 3.6 days indicates that the company has improved its ability to manage its cash flow.
In terms of the accounts payable period, it is likely that this period has also increased. The accounts payable period represents the amount of time a company takes to pay its suppliers for goods or services received. If the operating cycle has increased, it suggests that the company is holding onto its inventory and accounts receivable for a longer period of time before converting them into cash. As a result, it may take longer for the company to pay its suppliers, leading to an increase in the accounts payable period.
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Related Questions
target audience → the group of people at whom advertisements are aimed
True
False
Answers
Which phrase best describes the purpose of a slide master? Check all that apply.
A. to determine the layout for each individual slide in a presentation
B. to allow users to give each slide in a presentation a unique look and feel
C. to establish the layout of all slides, or a group of slides, in a presentation
D. to determine the theme of all slides, or a group of slides, in a presentation
E. to set the thematic characteristics of each individual slide in a presentation
F. to allow users to apply changes in layout or theme to an entire presentation
Answers
Answer: to establish the layout of all slides, or a group of slides, in a presentation.
to determine the theme of all slides, or a group of slides, in a presentation.
to allow users to apply changes in layout or theme to an entire presentation.
Explanation:
It should be noted that the Slide Master refers to the top slide which controls the information regarding the background, fonts, theme, layout, and color of all the slides in Microsoft PowerPoint.
The phrase best describes the purpose of a slide master include:
• to establish the layout of all slides, or a group of slides, in a presentation.
• to determine the theme of all slides, or a group of slides, in a presentation.
• to allow users to apply changes in layout or theme to an entire presentation.
Therefore, the correct options are C, D and F.
Answer:
C
D
F
Explanation:
edge
Explain the role of public relations in developing and maintaining a corporate image.
Answers
By overseeing communication and relationships between an organisation and its stakeholders, public relations plays a critical part in creating and sustaining a company image.
To influence the perception, reputation, and overall image of the business, strategic communication is used. To improve the public's view of the company, public relations experts take part in activities like media relations, crisis management, community involvement, and employee communications. Public relations contributes to the development of trust, credibility, and goodwill among stakeholders by clearly articulating the company's ideals, accomplishments, and social responsibility efforts. It helps build the company's brand, draw in clients, investors, and talent while minimising reputational hazards.
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All of the following allow for a monopoly to exist EXCEPT ______________.
a. geography
b. competition
c. a patent
d. government mandate
Economics
Answers
Answer:
d. government mandate economics
Explanation:
during the industrial era the government stepped in to stop wealthy monopoly companies from corruption of the government
The correct option is (d) Government mandate economics.
What does government mandate economics mean?The group of people responsible for governing the country is called the government. If some government has a mandate for carrying out any policy or task, then they somewhat get the authority to win the election or vote. Hence (d) is correct out of all options.
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discuss whether or not an increase in income tax will improve economic performance
Answers
Lower tax rates boost the after-tax advantage of working, saving, and investing, which increases the size of the economy.
Tax cuts have a beneficial influence on the size of the economy because they increase the after-tax benefit for working, saving, and investing.
By substitution effects, these larger after-tax rewards inspire additional work effort, saving, and investment.
Impact of Taxes on Resource Allocation: Taxation can influence the volume or quantity of production as well as the structure of production in the economy by diverting resources in the desired directions.
In the end, it may have some positive benefits on productivity.
If the assessed attempts tax evasion, the losses cannot be carried forward. If you fail to file your income tax return on time, you will be fined Rs 5000.
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Short-run supply and long-run equilibrium Consider the competitive market for steel. Assume that, regardless of how many firms are in the industry, every firm in the industry is identical and faces the marginal cost (MC), average total cost (ATC), and average variable cost (AVC) curves shown on the following graph. 00 T 90 80 70 60 50 20, 30 40 ATC 30 20 10 5 10 15 20 25 30 35 40 45 50 QUANTITY Thousands of tons)
Answers
Long-term economic profit is zero as a result of implicit costs, but the company's accounting profit is positive. The claim is therefore untrue.
The short-run equilibrium price of titanium would be $15 per pound if there were 20 businesses in this market. Businesses in this industry would lose money at that price. As a result, companies originating from the titanium market would persist over time.
You know that in the long run, competitive firms make no economic profit, so the long-run equilibrium price must be $30 per pound. You can see from the graph that in order for the titanium industry to be in long-term equilibrium, there will be ten companies operating there.
Due to implicit costs, long-term economic profit is zero, but the company's accounting profit is positive. As a result, the assertion is untrue.
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President Chris Zane mentions that employees' performance is not evaluated every six months or every year as in many organizations. Zane's Cycles uses Saturday meetings for everyone to come up to speed and to discuss issues. These meetings represent a controlling process that is used to _____.
Answers
Answer:
This question is incomplete, the options are missing. The options are the following:
a) Discuss failures of individuals of the company
b) Establish performance standards as a group
c) Measure, evaluate and take corrective action
d) Correct employees' actions by berating and celebrating
e) Cross-train employees
And the correct answer is the option C: measure, evaluate and take corrective action.
Explanation:
To begin with, when it comes to terms of control regarding the inside structure of an organization, the managers use different processes and techniques to take on that job of controlling the employes of the company in order to see how everything is going. In the case of Chris Zane, as he wants to do a control every week, then he is absolutely interesting in evaluating and measuring the improvements of every one inside the business so in that way he can take action in time to correct something if it is not going as planned. And that is the main reason why he would use a controlling process where he needs to have everything going as planned.
What are 20 things to do at home when I have nothing to do and have done all my online school?
Answers
1. Eat a carrot
2. Vomit because carrots are disgusting
3. Play video games DUHH
4. Don’t waste your time on brainly
Career Cluster
If your dream is to be an elementary school teacher, the
might be best for you.
A. Education and Training
B. Human Services
C. Health Sciences
D. Training and Instruction
Answers
Answer: A
Explanation
Paladin Furnishings generated $4 million in sales during 2021, and its year-end total assets were $2.4 million. Also, at year-end 2021, current liabilities were $500,000, consisting of $200,000 of notes payable, $200,000 of accounts payable, and $100,000 of accrued liabilities. Looking ahead to 2022, the company estimates that its assets must increase by $0.60 for every $1.00 increase in sales. Paladin's profit margin is 4%, and its retention ratio is 40%. How large of a sales increase can the company achieve without having to raise funds externally? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Do not round intermediate calculations. Round your answer to the nearest cent.
Answers
The company can achieve an increase in sales of $4,280,000 without having to raise funds externally. Hence, the solution is $4,280,000.
Paladin Furnishings generated $4 million in sales during 2021, and its year-end total assets were $2.4 million. Also, at year-end 2021, current liabilities were $500,000, consisting of $200,000 of notes payable, $200,000 of accounts payable, and $100,000 of accrued liabilities. The company estimates that its assets must increase by $0.60 for every $1.00 increase in sales. Paladin's profit margin is 4%, and its retention ratio is 40%.
To calculate the assets turnover ratio, we need to calculate the assets-to-sales ratio;
Assets-to-Sales ratio = 2.4/4 = 0.6. So, assets turnover ratio = 1 / Assets-to-Sales ratio= 1/0.6 = 1.67.
Net income = Sales × Profit margin= (4,000,000 + x) × 4/100= (4,000,000 + x) × 0.04= 160,000 + 0.04x.
Retained earnings = Net income × Retention ratio= (160,000 + 0.04x) × 40/100= 64,000 + 0.016x.
Assets = Sales × Assets turnover ratio. So, 2.4 + 0.6x = [(4,000,000 + x) × 1.67] / 1000000.
Solving for x;
(2.4 + 0.6x) = [(4,000,000 + x) × 1.67] / 1000000
2.4 × 1000000 + 0.6x × 1000000 = 1.67 × 4,000,000 + 1.67x
2,400,000 + 600,000x = 6,680,000 + 1.67x1.67x - 0.67
x = 6,680,000 - 2,400,0001x = 4,280,000x = $4,280,000.
The company can achieve an increase in sales of $4,280,000 without having to raise funds externally. Hence, the solution is $4,280,000.
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Thirsty Dog! Is a zesty beef-flavored, vitamin-enriched, mineral-loaded, lightly carbonated bottled water for your dog. It might have been a great product, but competition over shelf space was fierce and the product could not generate enough sales per square foot for retailers. The makers of this product had
Answers
Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answers
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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Which of the following is not one of the traditional components found in mission statements?
A) major products and services
B) profitability
C) target customers and markets
D) geographic domain
E) contribution to society
Answers
The traditional component not found in mission statements is B) profitability.
Mission statements typically include the company's purpose, values, and goals. They often outline the company's major products and services, target customers and markets, geographic domain, and contribution to society. However, profitability is not typically included in mission statements.
While profitability is certainly important to a company's success, it is not the main focus of a mission statement. Instead, mission statements tend to focus on the company's overall purpose and values, as well as how it plans to serve its customers and society as a whole. By articulating these elements clearly, a mission statement can help guide a company's decision-making and strategic planning over the long term.
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Which statement is true? A savings plan and a budget don't really have anything to do with eachother. It doesn't do much do much good to have a savings plan if you dont know how to budget you money.
Answers
Answer: It doesn't do much do much good to have a savings plan if you dont know how to budget you money.
Explanation:
Budgeting and saving go hand in hand because budgeting enables us know what amount of our money we can save after spending on what we need to maintain our lifestyle.
If we don't have a budget or know how to budget our money, we will not know the amount to put towards a savings plan and if we start a savings plan without budgeting, we might end up in a situation where we have to withdraw from the savings constantly in order to meet our financial obligations.
Scarcity is central to the study of economics because it implies that.
Answers
Answer:
Every choice involves an opportunity cost
Explanation:resources are not unlimited
which is better McDonalds or burger king?
Answers
Answer:
mc donalds
Explanation:
because its just betta
Answer:it can be answered if you run the numbers of taste every thing on both restaurants menus including every type of drink how well the cartons are how good are their fry's how good is there customer service how fresh is the food and the service time and how healthy is each one once you figure that out you can get this answer but you would have to conduct a survey to do so But the down side is this cant be carried out since neither company's are serving indoors meaning you have to wait out the pandemic and your need permission to conduct this experiment and have the right requirements to conduct such an experiment so until then al answers are currently an opinion not a solid answer
Explanation:
To buy a product, customers in a market must first
Answers
To buy a product, customers must first have the need for the product.
Customers cannot just simply buy anything or everything when it comes to products. People love shopping but money is a very useful and powerful resource and customers understand it well, so they don't want to spend it on useless things.
Firstly, there should be a need or a desire to buy a particular product. After that the customer decides his or her budget or the money he would like to spend on that product. If it crosses his or her budget, then the customer may not able to buy the product.
Lastly, there should be willingness to buy the product. Nowadays, we get impressed by big brands, malls and stores giving us immense discounts for even our daily needs. That is how knowingly or unknowingly, we tend to shop more.
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A company is researching the effectiveness of a new web site design to decrease the time to access a website. Five web site users were randomly selected and their times in seconds) to access the web site with the old and new designs were recorded. The results follow. User Old Web Site Design New Web Site Design A 30 B 45 C25 D 32 E 28 For a 0.01 significance level, what is the decision regarding the claim that the new web site design decreased the time to access a website? 20 Select one: a. Fail to reject the null hypothesis and conclude that mean access times did not decrease. b. Reject the null hypothesis and conclude that the new design did not reduce mean access times. c. Fail to reject the null hypothesis and conclude that the mean access times are inaccurate d. Reject the null hypothesis and conclude that the new design reduced mean access times
Answers
b. Reject the null hypothesis and conclude that the new design did not reduce mean access times.
To make a decision, we need to perform a hypothesis test. The null hypothesis (H0) assumes that the new web design did not reduce mean access times, while the alternative hypothesis (Ha) assumes that it did. Using a t-test, we compare the mean access times of the old and new designs. With a significance level of 0.01, we calculate the t-value and compare it to the critical t-value.
If the calculated t-value falls within the rejection region, we reject the null hypothesis. In this case, the calculated t-value does not fall within the rejection region, indicating insufficient evidence to conclude that the new design reduced mean access times.
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Has your idea of yourself five years from now changed in any way since beginning this course? If so, describe the reasons. If not, has this course expanded your idea of yourself in five years, or has it stayed the same? Why or why not.
I don't have time so please answer I need it asap
Answers
Answer:
This is a personal question man
Explanation:
Im sorry, but I can't answer personal questions
Sorry
Can I get a free account
Answers
if a business decreased the price of its product from $10 to $9 when demand was price inelastic, then total revenues would:
Answers
Answer: Decrease
Explanation:
When is a business most likely to hire a specialist?
Responses
during the planning and opening phase
before it seeks out venture capital
just as it is planning for expansion
after it has grown to a considerable size
Answers
User experience is essential since it helps to satisfy user needs. It aims to provide pleasurable experiences that keep customers loyal to the product or service. A meaningful consumer experience also enables you to specify consumer journeys in your products that are beneficial to commercial achievement.
What do business specialists do?A business expert is a professional who offers businesses possibilities, methods, and strategies that are supported by research and data in order to assist them achieve their goals and objectives.
Who is the design industry's target market?The total market, which consists of all consumers, is segmented into groups with common characteristics in order to build a product which attracts to the majority of potential buyers. who is most likely to purchase The target demographic for your goods is sometimes referred to as the market.
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Shelly is reading a chapter in her science book. She wants to note the main ideas and details, and wants to pay close attention to a few of the important names as she reads. How can Shelly use highlighting to make the information she is looking for stand out?
She can use three different highlighters: one for the main idea, one for the details, and one for important names. She can use one highlighter and highlight the entire paragraphs that have a main idea, detail, or important name. She can use one highlighter to highlight all of the big words in each paragraph. She can use two different highlighters: one for the first sentence of each paragraph and one for the last sentence in each paragraph.
Answers
Answer:
A. She can use three different highlighters: one for the main idea, one for the details, and one for important names.
Explanation:
Color-coding highlighters to things your need to memorize/take notes on is an esay way to know what's what without having to read everything you highlighted and hope you find the thing you need.
Answer: The first one (She can use one for the main idea, one for details, and one for important names)
A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $58; Second purchase $69; Third purchase $70. If the company sold two units for a total of $215 and used FIFO costing, the gross profit for the period would be
Answers
Answer:
like 412 or sum
Explanation:
Why is it important to have monitoring and response plans for more than the project ?
Answers
Project monitoring and control is essential for completing projects on time, on budget, and within scope. A monitoring and control process identifies deviations from the project plan. Project monitoring and control ensures performance is seamless, efficient and on schedule.
The Importance of Project Monitoring and Management-
In crisis management, you can seize opportunities, bring about change, and avoid problems. Simply put, monitoring and control ensure the smooth execution of tasks. This increases productivity and efficiency.
Project management oversight and control include proactively reviewing the status of ongoing projects, assessing potential bottlenecks, and implementing necessary changes.
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beagle corporation has 20,000 shares of $10 par common stock outstanding and 10,000 shares of $100 par, 6% cumulative, nonparticipating preferred stock outstanding. dividends have not been paid for the past two years. this year, a $300,000 dividend will be paid. what are the dividends payable in the current year?
Answers
$210,000 in dividends payable are due this fiscal year.
What is Payable Dividends?The liability account that tracks the sum of money a firm owes to its shareholders for dividends declared is known as dividends payable. The shareholders are due dividends after the corporation declares them but before it pays them. When the business has the finances to do so, the dividends are paid.
How much dividend money is due to be paid out this year?The entire amount of dividends to be paid this year is $300,000.
$60,000 [10,000 shares x $100 par value x 6%] is the dividend that will be given to the preferred stockholders.
All the past dividends are cumulative, so the company will have to pay $120,000 [10,000 shares × $100 par × 6% × 2 years] in unpaid dividends for the past two years.
The remaining $120,000 [$300,000 - ($60,000 + $120,000)] is the amount payable to common shareholders.
Therefore, the dividends payable in the current year are $210,000 [$60,000 + $120,000 + $120,000].
The corporation will be required to pay $120,000 [10,000 shares $100 par value 6% 2 years] in unpaid dividends for the previous two years because all previous dividends are cumulative.
The amount due to common stockholders is the remaining $120,000 [$300,000 - ($60,000 + $120,000)].
As a result, there will be $210,000 in dividends paid out this year [$60,000 + $120,000 + $120,000].
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Describe your motivation for becoming a licensed cosmetologist/manicurist.
please help
Answers
There are several facets to the beauty industry that may be explored, including hair, cosmetics, and fashion, and one of those facets is cosmetology.
It's pleasant and gratifying to be someone who helps other people look their best. A profession as a cosmetologist might be ideal for you if you take pleasure in doing manual labor and consider yourself to be someone who gets along well with others. This is further explained below.
What is a cosmetologist/manicurist.?Generally, Manicurists are certified cosmetologists who focus only on providing manicures. You may get a gel manicure or French tips thanks to their skill with design and application. Moreover, they are well-versed in the care and treatment of nails.
In conclusion, You don't need an obsession with hair, cosmetics, and fashion to succeed in the cosmetology industry. Helping others shine visually is a rewarding and entertaining activity. Become a cosmetologist if you are outgoing, creative, and love using your hands.
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Brandy works in a laboratory. She performs experiments to develop new methods of food production and processing.
Her job is best described as a(n):
Clarence is an independent worker who offers his pervices to many different farms. He teaches farmers how to run their farms more efficiently and safely. Clarence's job is best described as a(n):
Leon hires and manages workers who handpick oranges and other fruits on farms. He trains and oversees the
workers. Leon's job is best described as a(n):
The choice are:
Buyer or Purchasing Agent, Farm Labor Contractor, Food Scientist, Farm Management Adviser
Answers
Answer:
1) Food scientist
2) Farm management advisor
3) Farm labor contractor
Explanation:
Match the action needed to increase profits with the reason a business might fail.
Setting a realistic budget for the company to follow would match with________.
A) bad location
B) poor management
C) Competition
D) finances
Answers
Thats how they make money without over pricing items
Answer:
D
Explanation:
finances
what are factors affect demand for labour
Answers
The factors that effect demand for labour are:
The quantity of a produt that labor produces
A change in the production process that uses more or less labor
A change in goverment policy that effects the quantity of labor